| (in millions of USD, except per-share data) | Q1 FY 26 | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q4 FY 23 | Q3 FY 23 | Q2 FY 23 | Q1 FY 23 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q1 FY 22 | Q4 FY 21 | Q3 FY 21 | Q2 FY 21 | Q1 FY 21 | Q3 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||
| Revenues | 102.3 | 121.0 | 116.7 | 102.7 | 87.1 | 95.6 | 76.9 | 70.5 | 62.4 | 57.4 | 53.3 | 48.7 | 43.1 | 61.4 | 83.2 | 36.2 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 442.7 | 427.5 | 305.5 | 202.6 | 234.7 | 212.2 | 179.3 | 196.2 |
| Cost of Revenue | 134.8 | 129.4 | 111.1 | 112.6 | 261.4 | 228.8 | 175.3 | 113.4 |
| Gross Profit | 307.9 | 298.2 | 194.4 | 90.0 | (26.8) | (16.6) | 4.0 | 82.8 |
| Operating Expenses | ||||||||
| Research & Development | 79.3 | 72.0 | 45.7 | 58.3 | 86.2 | 105.2 | 72.7 | 34.9 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (66.0) | (13.1) | (23.2) | (180.6) | (667.7) | (446.1) | (242.0) | (30.4) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | 2.5 | 0.1 | 0.5 | 1.0 |
| Interest Expense | - | - | - | - | 3.2 | 2.8 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.3 | (0.1) | (0.3) | (0.9) | (49.1) | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (77.8) | (21.0) | (52.3) | (175.8) | (549.0) | |||
| Per Share | ||||||||
| EPS Basic | (2.65) | (0.73) | (1.94) | (7.23) | (53.63) | (2.27) | (47,036.00) | (264,056.00) |
| EPS Diluted | (2.65) | (0.73) | (1.94) | (7.23) | (53.63) | (2.27) | ||
| Supplementary Data | ||||||||
| EBITDA | (55.9) | (3.5) | (15.3) | (160.9) | (617.7) | (424.3) | (230.3) | (24.0) |
| EBIT | (66.0) | (13.1) | (23.2) | (180.6) | (667.7) | (446.1) | ||
| 53.9 |
| 57.8 |
| 43.2 |
| 47.0 |
| 64.2 |
| 38.6 |
| Cost of Revenue | 34.0 | 36.7 | 32.2 | 31.8 | 28.6 | 29.4 | 29.0 | 27.6 | 25.0 | 26.7 | 28.0 | 29.9 | 27.9 | 77.7 | 69.7 | 65.8 | 48.3 | 60.6 | 51.5 | 48.2 | 68.5 | 36.5 |
| Gross Profit | 68.2 | 84.3 | 84.5 | 70.9 | 58.5 | 66.2 | 47.8 | 43.0 | 37.4 | 30.8 | 25.3 | 18.8 | 15.2 | (16.3) | 13.5 | (29.6) | 5.6 | (2.8) | (8.3) | (1.2) | (4.3) | 2.1 |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 19.8 | 24.5 | 19.8 | 15.1 | 12.6 | 11.6 | 11.7 | 10.9 | 11.6 | 12.2 | 14.3 | 17.1 | 14.6 | 24.4 | 13.4 | 27.2 | 21.3 | 22.2 | 17.8 | 12.0 | 53.1 | 19.1 |
| Selling General & Administrative | 74.6 | - | - | - | 50.5 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | - | 27.1 | 23.5 | 19.4 | 18.3 | 17.7 | 17.0 | 16.6 | 16.1 | 15.6 | 16.8 | 15.2 | 13.5 | 29.2 | 34.4 | 32.8 | 25.6 | |||||
| General & Administrative | - | 46.8 | 44.4 | 27.4 | 32.1 | 28.1 | 26.9 | 26.0 | 23.4 | 31.9 | 26.1 | 37.3 | 43.7 | 43.2 | 54.9 | 71.3 | 46.7 | |||||
| Depreciation & Amortization | 2.7 | 2.7 | 2.4 | 2.3 | 2.2 | 2.0 | 2.4 | 1.7 | 1.7 | 2.6 | 5.2 | 6.8 | 5.1 | 30.6 | 7.0 | 6.6 | ||||||
| Amortization of Intangibles | 4.1 | - | - | - | 3.5 | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | 2.6 | (0.8) | (0.9) | (1.0) | 3.3 | (2.8) | (0.7) | (1.7) | - | (1.7) | 0.0 | - | |||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (57.5) | (14.2) | (3.3) | 9.0 | (4.6) | 8.8 | (7.8) | (10.6) | (13.7) | (25.6) | (43.0) | (51.6) | (60.4) | (324.9) | (90.8) | (162.6) | (89.3) | (115.8) | (88.3) | (45.4) | (196.7) | (56.0) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | 1.7 | 0.7 | 1.1 | 1.0 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | 0.6 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | (4.9) | (4.0) | (4.1) | 1.6 | (1.5) | (3.4) | (0.6) | (18.8) | (6.7) | (0.5) | 0.5 | 4.7 | (0.8) | 16.2 | 13.2 | 27.8 | 12.4 | |||||
| Pre-Tax Income | (62.4) | (18.2) | (7.4) | 10.6 | (6.1) | 5.4 | (8.4) | (29.4) | (20.3) | (26.2) | (42.5) | (46.9) | (61.1) | (308.7) | (77.6) | (134.8) | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | 0.9 | (0.6) | 0.2 | (0.2) | 0.4 | (0.0) | (0.0) | (0.2) | (0.1) | (0.4) | (0.2) | (0.2) | (0.1) | 0.1 | (0.1) | (49.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (63.3) | (17.7) | (7.6) | 10.8 | (6.5) | 5.4 | (8.3) | (29.2) | (20.2) | (25.8) | (42.3) | (46.7) | (61.0) | (308.8) | (77.6) | (85.7) | (76.9) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (63.3) | (17.7) | (7.6) | 10.8 | (6.5) | 5.4 | (8.3) | (29.2) | (20.2) | (25.8) | (42.3) | (46.7) | (61.0) | (308.8) | (77.6) | (85.7) | (76.9) | |||||
| Net Income Attributable To Parent | (63.3) | (17.7) | (7.6) | 10.8 | (6.5) | 5.4 | (8.3) | (29.2) | (20.2) | (25.8) | (42.3) | (46.7) | (61.0) | (308.8) | (77.6) | (85.7) | ||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (63.3) | (17.7) | (7.6) | 10.8 | (6.5) | 5.4 | (8.3) | (29.2) | (20.2) | (25.8) | (42.3) | (46.7) | (61.0) | (308.8) | (77.6) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (2.16) | - | (0.27) | 0.38 | (0.23) | - | (0.31) | (1.10) | (0.78) | - | (1.64) | (1.84) | (3.04) | - | (6.72) | (8.38) | (10.38) | - | 0.18 | (41.94) | (348.82) | (456,573.00) |
| EPS Diluted | (2.16) | - | (0.27) | 0.36 | (0.23) | - | (0.31) | (1.10) | (0.78) | - | (1.64) | (1.84) | (3.04) | - | (6.72) | (8.38) | (10.38) | - | ||||
| Shares Basic | 29.3 | - | 28.8 | 28.6 | 28.1 | - | 27.1 | 26.6 | 26.1 | - | 25.8 | 25.4 | 20.1 | - | 11.5 | 10.2 | 7.4 | - | ||||
| Shares Diluted | 29.3 | - | 28.8 | 29.8 | 28.1 | - | 27.1 | 26.6 | 26.1 | - | 25.8 | 25.4 | 20.1 | - | 11.5 | 10.2 | 7.4 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (54.8) | (11.5) | (0.9) | 11.2 | (2.4) | 10.8 | (5.4) | (8.9) | (11.9) | (23.1) | (37.8) | (44.8) | (55.2) | (294.3) | (83.8) | (156.0) | (83.5) | (110.0) | (82.8) | (39.8) | (191.8) | (52.9) |
| EBIT | (57.5) | (14.2) | (3.3) | 9.0 | (4.6) | 8.8 | (7.8) | (10.6) | (13.7) | (25.6) | (43.0) | (51.6) | (60.4) | (324.9) | (90.8) | (162.6) | (89.3) | (115.8) | (88.3) | |||
| - |
| - |
| - |
| Selling & Marketing | - | 88.4 | 67.4 | 61.0 | 122.1 | 112.7 | 63.2 | 39.4 |
| General & Administrative | - | 150.8 | 104.5 | 139.0 | 216.2 | 206.0 | 100.7 | 29.5 |
| Depreciation & Amortization | 10.1 | 9.6 | 7.9 | 19.7 | 50.0 | 21.8 | 11.7 | 6.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | 0.0 | 0.0 | (2.0) | (6.3) | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - |
| 2.5 |
| 0.8 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (11.5) | (8.1) | (29.4) | 3.9 | 69.6 | 200.8 | 0.7 | 0.7 |
| Pre-Tax Income | (77.5) | (21.1) | (52.6) | (176.7) | (598.0) | (245.4) | (241.3) | (29.7) |
| (245.4) |
| (241.3) |
| (29.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (77.8) | (21.0) | (52.3) | (175.8) | (549.0) | (245.4) | (241.3) | (29.7) |
| Net Income Attributable To Parent | (77.8) | (21.0) | (52.3) | (175.8) | (549.0) | (245.4) | (241.3) | (29.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (77.8) | (21.0) | (52.3) | (175.8) | (549.0) | (245.4) | (241.3) | (32.7) |
| (47,036.00) |
| (264,056.00) |
| Shares Basic | 29.3 | 28.6 | 26.9 | 24.3 | 10.2 | 108.1 | 0.0 | 0.0 |
| Shares Diluted | 29.3 | 28.6 | 26.9 | 24.3 | 10.2 | 108.1 | 0.0 | 0.0 |
| (242.0) |
| (30.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| 30.6 |
| 28.2 |
| 18.6 |
| 35.4 |
| 12.7 |
| 58.0 |
| 33.1 |
| 12.9 |
| 102.0 |
| 24.3 |
| 5.8 |
| 5.8 |
| 5.5 |
| 5.6 |
| 4.9 |
| 3.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| 75.6 |
| 121.0 |
| (0.7) |
| 4.9 |
| (0.6) |
| (76.9) |
| (40.2) |
| 32.7 |
| (46.2) |
| (191.8) |
| (56.6) |
| (232.7) |
| 32.7 |
| 13.0 |
| (58.5) |
| (56.6) |
| - |
| - |
| - |
| - |
| - |
| (232.7) |
| 32.7 |
| 13.0 |
| (58.5) |
| (56.6) |
| (76.9) |
| (40.2) |
| 32.7 |
| (46.2) |
| (191.8) |
| (56.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (85.7) |
| (76.9) |
| (99.4) |
| 32.7 |
| 13.0 |
| (191.8) |
| (56.6) |
| 0.16 |
| (41.94) |
| (348.82) |
| (456,573.00) |
| 185.7 |
| 1.1 |
| 0.5 |
| 0.0 |
| 210.3 |
| 1.1 |
| 0.5 |
| 0.0 |
| (45.4) |
| (196.7) |
| (56.0) |